BOSTON – June 29, 2023 – Berkshire Partners today released its first Responsible Investment report titled “Leading by Example” which is available for download at here.

The report provides information on the progress and management of the Firm’s commitment to building long-term, sustainable value for its stakeholders, including its funds and investors, employees, and portfolio companies.

“We’re pleased with the results and progress we show in our Responsible Investment report, which builds on our deep commitment to creating value in a way that supports our environment and communities,” said Kevin Callaghan, Managing Director, Berkshire Partners. “Our firm was created in 1986 with a vision to build an enduring organization unified around a clear set of principles. These principles – focused on the power of relationships, teamwork, and integrity – are deeply woven into the fabric of Berkshire Partners today and are reflected in the meaningful work we highlight in our report.”

“We believe that sharing our progress across Berkshire’s responsible investment priorities in this new report is an important milestone in advancing our commitment to building lasting value for our stakeholders,” said Dawn Wolfe, Director of Responsible Investing, Berkshire Partners.

Key areas of the report include:

• The principles that guide the firm’s approach to responsible investment
• A timeline of key milestones in responsible investment that date back to the firm’s founding in 1986
• The firm’s governance model for responsible investment
• A look at how the firm embeds responsible investment principles into its investment process
• Examples of how the firm measures progress within its portfolio companies
• Partnerships with organizations focused on climate change, employee ownership, and diversity, equity, and inclusion (DEI)
• Select case studies featuring portfolio companies Teraco, Mom’s Meals (parent company is PurFoods), AHEAD, and Mielle Organics

ABOUT BERKSHIRE PARTNERS

Berkshire Partners is a 100% employee-owned, multi-sector specialist investor in private and public equity. The firm’s private equity team invests in well-positioned, growing companies across technology & communications, consumer, healthcare, and services & industrials. Since inception, Berkshire Partners has made more than 150 private equity investments and has a strong history of collaborating with management teams to grow the companies in which it invests. The firm's public equity group, Stockbridge, founded in 2007, manages a concentrated portfolio seeking attractive long-term investments. The firm’s Stockbridge and Private Equity teams frequently collaborate and leverage their collective industry expertise across sectors. For additional information, visit www.berkshirepartners.com.

This statement is subject to the disclaimers set forth on pages 20 and 21 of the Responsible Investment report.